Rebate collector

Rebate collector is an automatic trading robot, a high-frequency grid scalper. This EA uses Averaging exit system with safe martingale settings, and uses a dynamic system for taking profit and controlling risks. Adaptive trade trailing algorithm is used. The EA opens many trades, for the additional profit it is recommended to enable rebate.

Recommendations

Configured to trade EURUSD with 5-digit quotes. Timeframe does not matter.

Use 0.01 per 500-1000 units of the currency. If the deposit is below $500, use a cent account.

Before using on a live account, test the EA with minimal risk;

Use VPS or hosting server with minimal network latency to the broker's server;

Test the EA using one-minute M1 quotes. Configure TimeZone in the EA settings.

Settings

Lot Calculation

ModeLots - lot calculation type:

ManualLot - set manually;

PercentDeposit - trading lot recalculation based on the PercentDeposit parameter.

LotSize - fixed lot value set manually;

PercentDeposit - percentage of the deposit for a lot calculation.

Parameters of Indicators

TimeZone - difference between your broker's time and GMT;

IndicatorFactor - indicator influence ratio;

PeriodMain - period of the main indicator;

PeriodRSI - RSI period;

PeriodMA - MA period;

PeriodADX - ADX period.

Order closing properties

MaxOrder - maximum number of orders in one direction;

BetterPricePips - the number of points after which the EA should look for a better price;